Platte River Equity has closed the firm’s fourth fundraise with $625 million in financial commitments. The fund, called Platte River Equity IV L.P., began raising capital in March.

The new fund will follow the firm’s investment strategy of making control investments in lower middle-market companies. Platte River Equity IV received investments from a variety of investors such as: endowments, pension funds, private foundations, funds of funds, family offices and net worth individuals.

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